This Repoman song is not about just any repo man but a specific chatter in Elektra's room of Wireclub chat. None of these songs were written without the consent and sometimes participation of the people involved.
The Bicycling Guitarist improvised this on camera in the Nichelle Nichols / Verizon "Can Uhura Me Now?" Gymnasium on February 14, 2020.
Oh Repoman. He likes my band.
So I guess my Schwinn is safe
from being repossessed.
That means it was possessed more than once.
Possessed and depossessed, then repossessed.
But fortunately, fortunately it's an exorcise bike.